Neomir
Free Tool

Cost of Bad Data Calculator

Quantify the business impact of data quality issues in your organization. Input your metrics and get an instant estimate of what bad data is costing you.

Input Your Data

Choose a preset to auto-fill typical values for your department

Number of records across your key data systems

Industry average is 1-5% for enterprise data

Time your team spends finding and fixing data problems

Include salary, benefits, and overhead

Average cost to identify and correct a single data error

Revenue impacted by data-dependent processes

Estimated Annual Cost of Bad Data
$359K

per year in direct and indirect costs

Cost Breakdown

Labor Cost

15 hrs/week × 52 weeks × $75/hr

$59K

Rework Cost

15,000 errors × $10/error

$150K

Revenue Impact

3% of $5,000,000 at-risk revenue

$150K
Share Your Results

See how Neomir reduces this cost

Our customers typically see 50-70% reduction in data quality costs within the first year.

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* These calculations are estimates based on industry research and the inputs you provided. Actual costs may vary significantly based on your specific business context, data complexity, and operational factors.

How We Calculate

Our calculator uses a simplified model based on industry research to estimate the cost of data quality issues:

  • Labor Cost: Hours spent on data issues × weeks per year × hourly rate
  • Rework Cost: Number of errors (records × error rate) × cost per error to fix
  • Revenue Impact: Estimated revenue at risk × error rate (as a proxy for lost/delayed revenue)

According to Gartner, poor data quality costs organizations an average of $12.9 million per year. IBM estimates that bad data costs the US economy $3.1 trillion annually.

Note: This calculator provides estimates for illustrative purposes. Actual costs vary significantly based on industry, company size, data complexity, and specific business processes.